Wedbush Analysts Decrease Earnings Estimates for TSM

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) - Investment analysts at Wedbush dropped their Q3 2025 earnings estimates for Taiwan Semiconductor Manufacturing in a report released on Thursday, July 17th. Wedbush analyst M. Bryson now expects that the semiconductor company will post earnings per share of $2.52 for the quarter, down from their previous forecast of $2.59. The consensus estimate for Taiwan Semiconductor Manufacturing's current full-year earnings is $9.20 per share. Wedbush also issued estimates for Taiwan Semiconductor Manufacturing's Q4 2025 earnings at $2.41 EPS, Q4 2025 earnings at $2.41 EPS, FY2025 earnings at $9.90 EPS, FY2025 earnings at $9.90 EPS, Q1 2026 earnings at $2.16 EPS, Q1 2026 earnings at $2.16 EPS, Q2 2026 earnings at $2.59 EPS, Q2 2026 earnings at $2.59 EPS, Q3 2026 earnings at $2.86 EPS, Q3 2026 earnings at $2.86 EPS, Q4 2026 earnings at $2.95 EPS, Q4 2026 earnings at $2.95 EPS, FY2026 earnings at $10.56 EPS and FY2026 earnings at $10.56 EPS.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 34.53%. The company's revenue for the quarter was up 44.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.48 earnings per share.

Other equities analysts have also issued research reports about the stock. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Barclays reaffirmed an "overweight" rating and set a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Susquehanna set a $265.00 target price on shares of Taiwan Semiconductor Manufacturing and gave the stock a "positive" rating in a research report on Monday, July 14th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of "Moderate Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM traded down $5.20 during trading on Friday, reaching $240.40. The stock had a trading volume of 16,235,822 shares, compared to its average volume of 15,024,317. Taiwan Semiconductor Manufacturing has a 52 week low of $133.57 and a 52 week high of $248.28. The firm has a market capitalization of $1.25 trillion, a price-to-earnings ratio of 27.41, a P/E/G ratio of 1.32 and a beta of 1.29. The company has a quick ratio of 2.18, a current ratio of 2.39 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $212.72 and a two-hundred day simple moving average of $193.73.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 16th will be issued a dividend of $0.6499 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 annualized dividend and a yield of 1.08%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 29.65%.

Institutional Trading of Taiwan Semiconductor Manufacturing

Several institutional investors and hedge funds have recently added to or reduced their stakes in TSM. FMR LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 4.6% in the 4th quarter. FMR LLC now owns 58,547,257 shares of the semiconductor company's stock valued at $11,562,498,000 after purchasing an additional 2,572,488 shares during the period. Sanders Capital LLC boosted its position in Taiwan Semiconductor Manufacturing by 0.6% during the 4th quarter. Sanders Capital LLC now owns 41,877,457 shares of the semiconductor company's stock worth $8,270,379,000 after acquiring an additional 231,310 shares during the last quarter. Capital World Investors boosted its position in Taiwan Semiconductor Manufacturing by 0.8% during the 4th quarter. Capital World Investors now owns 35,602,400 shares of the semiconductor company's stock worth $7,031,632,000 after acquiring an additional 294,316 shares during the last quarter. Capital International Investors boosted its position in Taiwan Semiconductor Manufacturing by 8.2% during the 4th quarter. Capital International Investors now owns 22,210,222 shares of the semiconductor company's stock worth $4,391,957,000 after acquiring an additional 1,683,256 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Taiwan Semiconductor Manufacturing by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock worth $2,872,814,000 after acquiring an additional 6,180,445 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.